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21.0% Return Seen to Date on SmarTrend Silgan Holdings Call (SLGN)

By David Diaz

SmarTrend identified an Uptrend for Silgan Holdings (NASDAQ:SLGN) on January 9th, 2019 at $24.86. In approximately 6 months, Silgan Holdings has returned 21.02% as of today's recent price of $30.08.

Over the past year, Silgan Holdings has traded in a range of $22.24 to $31.69 and is now at $30.06, 35% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.

Silgan Holdings Inc. and its subsidiaries manufacture consumer goods packaging products. The Company currently produces steel and aluminum containers for human and pet food and custom designed plastic containers for various markets, plastic closures, caps, thermoformed plastic tubs, and specialty packaging items. Silgan markets its products in North America.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Silgan Holdings shares.

Log in and add Silgan Holdings (SLGN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights silgan holdings

Ticker(s): SLGN